January 2024

IRS Rules for $10K+ Crypto Transactions

The U.S. Internal Revenue Service’s (IRS) new reporting requirements for cryptocurrency transactions over $10,000, effective in 2024, present significant challenges for compliance. Stemming from the 2021 bipartisan infrastructure bill, these rules aim to tighten tax reporting in the digital asset sector. The legislation mandates that crypto brokers report comprehensive transaction details, including the sender’s personal […]

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The Sei Network

The Sei Network, a trading-focused blockchain launched in August 2023, has been gaining remarkable traction in the cryptocurrency world, driven largely by its EVM compliance and innovative parallelization process. Over the past week, the network’s native SEI token has experienced a significant surge, recording over 75% gains, indicating a growing interest and confidence in its

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Pandoshi

Pandoshi is an ambitious endeavor aimed at creating a decentralized suite of products that cater to the diverse needs of the DeFi landscape. This ecosystem encompasses a Network, a Decentralized Exchange (DEX), a Wallet, and an array of other decentralized applications. The project extends its innovative reach to decentralized Metaverses and educational platforms, thus enriching

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Early Mickey Mouse Version Skyrockets as Top NFT on OpenSea Following Copyright Expiration

An early version of Mickey Mouse originally featured in Walt Disney’s 1928 short film “Steamboat Willie,” has recently gained significant attention in the digital art space. As of January 1, this classic version of Mickey Mouse entered the public domain, as U.S. law limits copyright to a period of 95 years. This development has led

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MicroStrategy and Marathon Digital Stocks Surge as Bitcoin Boosts Crypto-Related Equities

The crypto market experienced a significant surge as Bitcoin rose above $45,000, marking its highest point since April 2022. This increase, exceeding 5% in the past 24 hours, has been fueled by the optimistic anticipation of the Securities and Exchange Commission’s (SEC) potential approval of Bitcoin exchange-traded funds (ETFs). This positive trend in Bitcoin’s value

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Crypto Betting Company Stake Acquires Naming Rights for Sauber’s F1 Team

Stake, a cryptocurrency betting and casino platform, has acquired the naming rights to Sauber’s Formula 1 team for the 2024 and 2025 seasons. This deal leads to the rebranding of Sauber as the Stake F1 Team, marking a significant change in the team’s identity. This development comes after Alfa Romeo did not renew its sponsorship

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